The G20 Finance Ministers and Central Bank Governors have issued the official communiqué following their meeting held 9 to 10 July 2021, including that an agreement has been reached endorsing the key components of the two-pillar solution to address the tax challenges arising from the digitalisation of the economy. Regarding the solution, the communiqué includes the following: After many years of discussions and building on the progress made last year, we have achieved a historic agreement on a more stable and fairer international tax architecture. We endorse the key components of the two pillars on the reallocation of profits of...